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David Stockman, former Director of the Office of Management and Budget under President Reagan, told CNBC that the United States stock market is heading towards another crash. He bashed the Federal Reserve for being completely lost. He believes the Fed is driving the economy towards an even bigger financial crisis than the last one.
When the next crisis hits, the same banking powers who fleeced US citizens for over $13 TRILLION in 2008/09 will be right back at it. These men know that the […]
Regardless of the flood of Orwellian propaganda coming from Wall Street, the financial media and the various Government and quasi-Government agencies, by all valid economic activity metrics the U.S. economy […]
The holiday weekend is starting out badly for our bankster friends, who were just informed by the Austrians that the Oesterreichische Nationalbank intends on repatriating 110 tonnes of Austria's gold […]
Wal-Mart Exposed Bottling Water from Sacramento Municipal Supply in the Middle of a DroughtMay 22, 2015
Wal-Mart is facing questions tonight after CBS13 learns the company draws its bottled water from a Sacramento water district during California’s drought. According to its own labeling, the water in the gallon […]
This doesn’t exactly inspire confidence...
Everyone knows the game is up, and that time grows short… Why would Greece borrow anymore money at this point, and why would the IMF go along with it?
"China… across the board… is preparing for something big in currency markets."
Many of the top precious metal analysts state that gold is the premium asset and insurance hedge during a financial collapse. We hear this time and time again. However, if […]
Falling interest forces you to spend your principal, because it starves you of return. At the same time it feels rather pleasant, because you can sell your assets at higher […]
History and current actions justify the expectation that governments and central banks will increase debt, devalue fiat currencies, and thereby force silver and gold prices much higher. Convert digital dollars, […]
I remember as clearly as I can see you today the processes that led to my first catastrophic loss, which was a group of many losses. One of the things […]
From the point of view of history, a reversion to generational lows is inevitable...
Peter Schiff lays out for RT the future he sees for both Greece and China. As China abandons its communist past, he sees the Eastern country continuing to grow as an economy and world trade partner. Meanwhile, Greece’s debt crisis and basically socialist leadership is a stark reminder of the problems facing the West.
In his most recent podcast, Peter Schiff exposes the latest economic hijinks of Washington and Wall Street. The Federal Reserve wants to re-adjust the first quarter GDP to make it look better, while Walmart absurdly blames its terrible earnings on a strong dollar. Meanwhile, Los Angeles becomes the biggest city in the country to dig its own economic grave by passing a $15 an hour minimum wage law.
CNBC’s Trading Nation asked Peter Schiff if he thinks minimum wage hikes in cities like Los Angeles will trigger higher inflation and therefore a rate hike from the Federal Reserve. Peter warned that on the contrary, creating inflation is the business of the Fed, and he expects it to launch another round of quantitative easing before it significantly raises rates.
Are They About To Confiscate Money From Bank Accounts In Greece Just Like They Did In Cyprus?May 21, 2015
Is Greece about to be Cyprus'd?
TPP Whistleblower – “We Should Be Very Concerned about What’s Hidden in This Trade Deal”May 21, 2015
Someone finally read Obama's secret trade deal...
Gold is an anti-currency. It’s a kind of asset that you own because you don’t have confidence in the paper currency issued by governments and central bankers. So with that […]